Answer:
40 miles a day
Step-by-step explanation:
The difference in fixed charge is $20; the difference in mileage charge is $0.50 per mile. So it will take $20/$0.50 = 40 miles for the extra mileage cost to eat up the savings in fixed cost. At that mileage, both companies will charge the same amount:
A: 90 + 0.30·40 = 102
B: 70 + 0.80·40 = 102
Answer:
<em><u>1.c</u></em>
<em><u>2.b</u></em>
<em><u>3.a</u></em>
<em><u>4.d</u></em>
<em><u>5.c</u></em>
Step-by-step explanation:
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Answer:
x=20
Step-by-step explanation:
x - 5 = 15
x +5 = +5
x = 20
Answer:
$1,448.66
Step-by-step explanation:
The future value of an annuity with yearly deposits 'P' at an interest rate of 'r' invested for 'n' years is determined by:
![FV = P[\frac{(1+r)^n-1}{r}]](https://tex.z-dn.net/?f=FV%20%3D%20P%5B%5Cfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%5D)
For P = $100, r = 0.08 and n = 10 years:
![FV = 100[\frac{(1+0.08)^{10}-1}{0.08}]\\FV=\$1,448.66](https://tex.z-dn.net/?f=FV%20%3D%20100%5B%5Cfrac%7B%281%2B0.08%29%5E%7B10%7D-1%7D%7B0.08%7D%5D%5C%5CFV%3D%5C%241%2C448.66)
The amount at the end of the ten years is $1,448.66
Answer:
125
Step-by-step explanation:
